The media reported that hackers broke into the systems of the central bank of Uganda and stole 62 billion shillings ($17 million) from its accounts.
Journalists, citing anonymous insiders, released information according to which a group known as Waste is involved in the mentioned hacker attack. It is known that this team of cyber criminals is based in one of the countries of Southeast Asia.
The media also published information according to which the central bank of Uganda has already been able to recover about 37 billion shillings from the amount of stolen funds.
The police and the auditor general’s office are currently investigating an incident that occurred in a virtual space and generated specific financial consequences characterized by what can be called material sensitivity.
The media also reported that the stolen money was spirited away into two accounts in Japan and the United Kingdom. This information belongs to the category of insider information and has not yet been confirmed or refuted at the official level.
It is worth noting that the issue of cybersecurity has become more relevant recently. To a large extent, the corresponding tendency is associated with the rapid development of technologies, including artificial intelligence. Leveraging advanced technological solutions makes the activities of cyber criminals more sophisticated. One of the tools to counteract the corresponding virtual threats is the personal awareness of users. For example, an Internet search query such as how to know if my camera is hacked will allow anyone to get information about signs of unauthorized access to the device.
Serhii Mikhailov
Serhii’s track record of study and work spans six years at the Faculty of Philology and eight years in the media, during which he has developed a deep understanding of various aspects of the industry and honed his writing skills; his areas of expertise include fintech, payments, cryptocurrency, and financial services, and he is constantly keeping a close eye on the latest developments and innovations in these fields, as he believes that they will have a significant impact on the future direction of the economy as a whole.
